An MBA can be a powerful professional credential for anyone seeking career advancement. But it’s also a significant investment. Many students who attend top MBA programs end up borrowing large sums to pay for their degree, and that’s a big reason that prospective applicants need to carefully consider whether the program is right for them.
While the answer to this question will differ from student to student, a few considerations are important for any prospective online MBA students to bear in mind. First, it’s worth noting that a full-time MBA program on campus often comes with perks like networking and job placement assistance that online students may not be as accustomed to receiving. That’s why it’s a good idea for prospective online MBA students to seek out programs that offer in-person elements such as on-campus visits and study abroad options so they can experience the full college life while also being able to complete the bulk of their coursework remotely.
Another point to consider is the admissions requirements of each program, and the amount of time that it takes to finish the degree. Many MBA programs require a certain minimum GPA and some degree of work experience before acceptance, and those requirements can make the program length longer for some students. To help mitigate these factors, prospective students should choose a program that accepts transfer or waiver credits for those who have extensive applicable work experience. They should also consider if their program requires the completion of foundation courses, which can add to the overall program length. mba online